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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Michigan Grows Electric Power Supply
LCG, June 4, 2001Over the next seven years, demand for electric power in Michigan is expected to increase 9,000 megawatts, according to state officials, and until a year ago, little was being done to accommodate that growth.But in the past year, more than 20 new power plants have been proposed in the state, totaling 14,000 megawatts. Ten of those have been approved, with a combined capacity of 7,075 megawatts. One of the plants will begin commercial operation later this year, seven next year and five each in 2003 and 2004.Michigan utilities and regulators are assured, according to a report in yesterday's Detroit news, "that a California-style energy shortage is unlikely to occur here.""The biggest single reason we're seeing new projects was the passage of our restructuring act," said Gary Kitts, chief administrative officer of the Michigan Public Service Commission, referring to the June 2000 electric deregulation act that guarantees the ability of out-of-state companies to sell power into the local wholesale market.Anthony Earley Jr., chairman of DTE Energy, the parent holding company for Detroit Edison Co., is aware "We may be in a situation of an energy glut in three or four years," but he wasn't wringing his hands over the prospect. "That would likely mean lower rates for our residential and commercial customers," he told the News.Mirant Corp., the Atlanta based independent power producer, tabled plans to expand a California power plant that had been approved last week citing the state's "hostile business climate," but has just completed a 310 megawatt project in Zeeland, Mich."We are looking at two to four other projects in Michigan," a Mirant official said. "We definitely see a need for more capacity."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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